Global insight

Baosteel's ironmaking plant of China Baowu Ma’anshan Iron and Steel Co., Ltd. accelerated its efforts to complete the annual hot metal production task ahead of schedule

As of December 29, China Baowu Masteel ironmaking plant has completed the production of 14505310 tons of hot metal and 14.4 million tons of annual production ahead of schedule.

Monday, January 4, 2021

Delong group plans 20-million-ton steel project in Indonesia! The first phase will be put into full operation

In 2020, the first-line project of Dexin iron and Steel Co., Ltd. in Indonesia started production at the end of March, and continued to make profits when it reached the production capacity in June, creating a precedent for overseas steel plants to achieve prod...

Monday, January 4, 2021

Taigang group will deposit Baosteel Desheng and Ningbo Baoxin

On December 30, the signing ceremony of new agreement between Baosteel Desheng and Ningbo Baosteel was held in Baowu building.

Monday, January 4, 2021

Russian Antimonopoly Authority proposes to impose export duties on billet and rebar

The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month.

Monday, January 4, 2021

Japan's steel exports fell 4.7% year-on-year in January-November 2020 and 18.4% year-on-year in China

According to customs statistics released by the Japan Iron and Steel Federation, Japan's exports of steel products in November were 2.43 million tons, down 2.5% from a month earlier, down 10.4% from a year earlier.

Monday, January 4, 2021

Brazilian steel production capacity utilization is higher than before the epidemic

Brazil's steel production continued to recover after the closure of the new crown pneumonia outbreak, mainly supported by strong domestic demand, and again showed a strong trend in November. At present, Brazil steel capacity utilization rate reached 68.9%, has...

Monday, January 4, 2021

European Metallurgical Co. and Mitsui Co. signed the first contract for the import of recycled steel raw materials

On January 1,2021, European Metallurgical and Mitsui products signed a contract for the import of recycled iron and steel raw materials. It is reported that this is recycled steel raw materials after the release of import restrictions after the first domestic ...

Monday, January 4, 2021

Operation of iron and steel industry from January to November 2020

Operation of iron and steel industry from January to November 2020

Thursday, December 31, 2020
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